The NFIB’s latest small business optimism report is also out Tuesday morning. This report has been one of the strongest economic indicators since Trump’s election with businesses in June listing the inability to hire good workers as one of their biggest complaints.

Tesla moves first to hike prices in China as trade war hits car makers: U.S. carmaker Tesla Inc. (TSLA) has hiked prices on its Model X and S cars by about 20% in China, becoming the first automaker to raise prices in the world’s largest automotive market in response to a U.S.-China trade war. The move is the first indication of how much higher Chinese tariffs on certain U.S. imports will flow through to showroom floors, with other automakers likely to follow suit or shift a greater portion of production to China. [Reuters]

Uber hires former DOJ lawyer as compliance chief: Uber Technologies Inc. named Scott Schools, a former top attorney at the U.S. Justice Department, as chief compliance officer. The newly created role is designed to help Uber avoid the kinds of scandals and legal scrutiny that enveloped the business last year. The ride-hailing company has faced at leastfive U.S. criminal inquiries, people familiar with the probes have said. [Bloomberg]